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Matileda
Matileda N.'s business is the preparation of meat pies, which she supplies to retailers and schools. She acquired the knowledge on her own and started full time production in 1982. She has been with LAPO for 5 years. She is 60 years old, married with 6 children, and lives in Benin City. She is requesting a loan of $800 to enable her to buy a deep freezer and more supplies.

Additional Information

Important Information

The Kiva Field Partner in Nigeria who administers this loan is called the Lift Above Poverty Organization (LAPO). Kiva’s Staff wants to call your attention to the fact that LAPO is the subject of controversy. While all Kiva Field Partners charge an interest rate on loans to sustainably operate, LAPO’s interest rates (see their “Portfolio Yield”) and profitability (see their “Return on Assets”) are amongst the highest on Kiva. Kiva’s Staff encourages you to learn more about this Nigerian Field Partner before making this loan. http://www.kiva.org/partners/20

About Nigeria

  • $6,100
    Average annual income
  • 0
    View loans »
    Nigeria Loans Fundraising
  • $5,958,200
    Funds lent in using Kiva
  • 121.4
    Nigeria Nairas (NGN) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Matileda to buy a deep freezer and supplies needed for preparation of meat pies.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Nov 10, 2007
Listed
Oct 27, 2007
Currency Exchange Loss:
Covered
Ended:
Jul 11, 2008